But really, this extra 4% that is "required" from sellers, is essentially coming from the lender. 

I also don't know how long-term capital decisions will be made when the majority is essentially owned by a board of directors once my dad passes away.

Maybe not to this extent but elements of this happens to a newbie and even experienced people probably every few seconds.

When all are Free and Clear, we can do whatever we want essentially. 

It's essential to familiarize yourself with the local landlord-tenant laws and work with a reputable property management company to ensure smooth operations.Short-Term Rental Laws: Philadelphia has regulations on short-term rentals, but it is still possible to operate Airbnb and similar platforms within the legal framework.

Mis managed by previous ownersLots of rehab work required Saw that I could live in one unit essentially rent free How did you find this deal and how did you negotiate it?

The very top properties essentially break even with 25-30% down. 

You're essentially paying a premium for a "turnkey" property, in my opinion, for this particular deal.  

Essentially, people could donate money and get tax deductions and then that money could be pooled to buy property, fix it, rent it and pay a manager.I’m assuming it would be similar to a self invested Ira.

The special allocations must have "substantial economic effect" (essentially meaning that cash flow to that partner could be impacted somewhere down the line by the allocation) When you start getting into partnership tax law and special allocations it is probably a good time to loop in an attorney and/or tax pro.